Eurusd/gbpusd - page 1755

 

Thank you for the interesting analysis SearchingFX.

 

Today even the algos are turned off. and of course, the rigging fines to market maker banks dos not help to have volatility

 

The market seems relatively quiet today and EUR/USD is slowly crawling on its way down, although I think that for the moment that is just part of the correction. Once it breaks below the support at 1.2360 it will likely continue falling at least until it reaches 1.2200.

 

It seems quiet today, as long as eur/usd trading below 1.2450 bearish trends continue.

 

The bearish trend will continue regardless of the London close profit collecting. Looks like another sell oportunity

 
eurofreek:
The bearish trend will continue regardless of the London close profit collecting. Looks like another sell oportunity

Looks more like SNB in action

 
nbtrading:
Looks more like SNB in action

Could be. EURCHF is having recognizable up direction since the usual news time - regardless of the total lack of the news at that time

 
eurofreek:
Could be. EURCHF is having recognizable up direction since the usual news time - regardless of the total lack of the news at that time

All is within expected bounds. So far no trend change nor resistance break

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eurusd_3.gif  67 kb
 

well, we shall see tomorrow. Looks like we shall know more tomorrow

 

EURUSD testing the resistance. So far it is holding, but so far the day looks like a typical ranging day. Bearish trend still on - no change in trend. Probable sell oportunity

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eurusd_4.gif  67 kb